Velto Renewables (Velto) has entered into a partnership with Q Energy Solutions (Q Energy) to acquire a portfolio of large-scale renewable energy projects across multiple European countries in the coming years.
As a first step, Velto has acquired a portfolio of wind and photovoltaic projects in France with a combined capacity of nearly 130MW. Both companies anticipate finalising the acquisition of an additional 400MW portfolio in Spain and Portugal in the coming weeks.
The initial portfolio consists of five projects under construction by Q Energy in France:
- Two wind power projects
- Two solar photovoltaic projects
- One floating photovoltaic park, Les Îlots Blandin
These projects are expected to reach commercial operation between spring 2025 and early 2026.
